Armenia, Novolipetsk Steel NLMK

Russian Steel raises issue of application of antimonopoly legislation in EEU

At the meeting of the Integration Council of the Russian Union of Industrialists and Entrepreneurs the Executive Director of the Russian Steel Association Alexei Sentyurin made a report on the issu

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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Interview with Vladimir Lisin:Domestic market to be key for us in the medium-term perspective

One of the richest peope in Russia Vladimir Lisin, whose fortune was $14.1 billion as of 2013 according to the Forbes, staked on metal at the beginning of his career and now owns the Russian steel-smelting giant - Novolipetsk Steel (NLMK) with capacity of 15.7 million tons of steel. The second serious interest of Lisin was transport. His holding company Universal Cargo Logistics (UCL Holding) unites stevedore, shipping and railway companies, including the largest operator of railway transportation in Russia – Freight One.
This is difficult time for steel producers – the fall of the demand for steel and the oversupply of industrial capacities led to serious decrease of metal products prices. On the whole, the situation in the economy has forced transport companies to reconsider their plans and postpone IPO's. But the liberalization of the locomotive haulage market inspires operators and their owners with hope.

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